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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

Tesla gets $100 mln US ultra-fast charger order from BP EV charging unit

Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. ... Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. ... Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

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The firms announced on Thursday that B.P.’s (BP.L) electric car charger unit has placed an order for $100 million worth of Tesla (TSLA.O) ultra-fast chargers for deployment in the U.S. This will be the first time that Tesla chargers have been placed on an independent network.

The acquisition gives Tesla, the leader in the E.V. industry, a new source of income as part of BP Pulse’s ambitions to invest up to $1 billion in charging stations around the United States by 2030.

Senior Director of Charging Infrastructure at Tesla, Rebecca Tinucci, stated, “We’re looking to expand our fast-charging hardware sales.”

According to B.P., the Tesla chargers will be available as early as 2024 at B.P. brands, including Travel Centers of America and Amoco. They will also be available at third-party sites through agreements with businesses like Hertz (HTZ.O.), a rental vehicle firm with a separate arrangement to purchase Teslas for its fleet.

According to BPB.P.the, the initial charges will be placed in Houston, Phoenix, Los Angeles, Chicago, and Washington.

Richard Bartlett, C.E.O. of BP Pulse worldwide, stated, “This is a major step forward in our ambitions for high-speed, open-access charging infrastructure in the U.S. Other automakers’ E.V.s may be charged using the 250-kilowatt BP Pulse-branded chargers since they are compatible with Tesla’s North American Charging Standard (NACS) and Combined Charging System (C.C.S.) connections.

Automakers have begun implementing Tesla’s NACS, bringing the superchargers owned by Elon Musk’s business one step closer to standardizing the industry and displacing competitor C.C.S.


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